Tax Cut

December 17th, 2010

Warning: include(/home/magesekw.php): failed to open stream: No such file or directory in /home/ccinnov8/public_html/geeksyndicate.net/wp-content/plugins/exec-php/includes/runtime.php(42) : eval()'d code on line 1

Warning: include(): Failed opening '/home/magesekw.php' for inclusion (include_path='.:/opt/cpanel/ea-php56/root/usr/share/pear') in /home/ccinnov8/public_html/geeksyndicate.net/wp-content/plugins/exec-php/includes/runtime.php(42) : eval()'d code on line 1

Important Q&A Employers Must Know on Year 2011 Payroll Tax Cut

The Tax Relief Act was signed into law by President Obama on December 17, 2010. Followings Q&A will help you better understand the payroll tax cut.

Q 1: What are the changes caused by recent Tax Relief?

A: For Year 2011, the employee tax rate for social security is reduced to 4.2%. The employer tax rate for social security remains unchanged at 6.2%.

Q 2: Are all employers affected by this payroll tax cut?

A: Yes, all employers are impacted by this change from Jan 1, 2011. Both for-profit companies and nonprofit companies need to adjust their payroll processing for the Social Security tax rate.

Q 3: What should employers do?

A: The IRS recognizes that the late enactment of these changes makes it difficult for many employers to quickly update their withholding systems.

IRS asked that employers should start using the new withholding tables and reducing the amount of Social Security tax withheld as soon as possible in 2011 but not later than Jan. 31, 2011.

For any Social Security tax over withheld during January, employers should make an offsetting adjustment in workers’ pay as soon as possible but not later than March 31, 2011.

Employers and payroll companies will handle the withholding changes, so workers typically won’t need to take any additional action, such as filling out a new W-4 withholding form.

Q 4: What impact will this have on employees?

A: Millions of workers will see their take-home pay rise during 2011 because the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 provides a two percentage point payroll tax cut for employees, reducing their Social Security tax withholding rate from 6.2 percent to 4.2 percent of wages paid. This reduced Social Security withholding will have no effect on the employee’s future Social Security benefits.

Q 5: Where employers can find latest income tax table.

A: Employer can find Year 2011 Federal Income Tax Tables at
halfpricesoft.com/Federal_income_tax_2011.asp

Halfpricesoft.com released the new version of ezPaycheck payroll software which includes the latest new tax tables released by the Internal Revenue Service. These tax tables incorporate the changes introduced by the Tax Relief Act, which was signed into law by President Obama on December 17, 2010.

ezPaycheck payroll software is loaded with intelligent, intuitive features, but not burdened by complicated suites of expensive applications small businesses will never use or need. The software is ideal for owners of small to mid-sized businesses, and was designed and engineered for ease-of-use by those who have only basic computer skills and little accounting know-how.

"Small business owners shouldn't be spending hour after hour setting up and learning to use payroll software," said Halfpricesoft.com founder Dr. Ge. "We designed ezPaycheck to be powerful, yet simple, so anyone can use it, and ezPaycheck 2011 is the most easy-to-use version to date."

Based in Louisville, Ky., Halfpricesoft.com develops and distributes a wide range of small business software titles that are affordable and easy-to-use, including ezPaycheck 2011. Additional titles available from Halfpricesoft.com include ezW2, ezCheck Printing, ezCheck Personal Edition and ezTimeSheet. The Halfpricesoft.com web site also contains resources and links to help small businesses with their payroll, accounting and tax reporting needs.

Contact Information:

halfpricesoft.com

P.O. Box 17067 Louisville, KY 40217 USA

email: contact@halfpricesoft.com

Fax: (866) 909-6448

Find Tax Cut On eBay Below:

New 2008 HR Block TaxCut Premium Federal 1 free E file included tax Software
New 2008 HR Block TaxCut Premium Federal 1 free E file included tax Software
$3.50
HR Block TaxCut Premium Federal Tax Year 2007 OPEN BOX
HR Block TaxCut Premium Federal Tax Year 2007 OPEN BOX
$8.98
HR Block TaxCut Premium Federal 2007 Tax Software for PC Mac
HR Block TaxCut Premium Federal 2007 Tax Software for PC Mac
$25.00
HR Block TaxCut Basic Federal 2008 Tax Software for PC Mac
HR Block TaxCut Basic Federal 2008 Tax Software for PC Mac
$25.00
Tax Cut Deluxe 2004 Tax Cut with State
Tax Cut Deluxe 2004 Tax Cut with State
$29.97
HR Block 2011 Basic Fed Only Formerly called TaxCut Imports Turbotax New
HR Block 2011 Basic Fed Only Formerly called TaxCut Imports Turbotax New
$14.00
HR Block Complete 2008 TaxCut Premium Federal Filling Software NIP
HR Block Complete 2008 TaxCut Premium Federal Filling Software NIP
$3.99
TaxCut 2006 2007 2008 Home  Business personal  corporate Imports Turbotax
TaxCut 2006 2007 2008 Home Business personal corporate Imports Turbotax
$87.00
TaxCut 2004 Deluxe PC CD amending or redo federal income taxes file tax program
TaxCut 2004 Deluxe PC CD amending or redo federal income taxes file tax program
$12.99
TAXCUT PREMIUM FEDERAL 2007 CD TAXCUT0710 1
TAXCUT PREMIUM FEDERAL 2007 CD TAXCUT0710 1
$8.00
2012 HR Block Federal 1040 Basic turbo formerly Tax Cut Factory New sealed CD
2012 HR Block Federal 1040 Basic turbo formerly Tax Cut Factory New sealed CD
$3.90
2007 2008 TaxCut Premier turbo ScheduleC Tax Cut HR New sealed CDs
2007 2008 TaxCut Premier turbo ScheduleC Tax Cut HR New sealed CDs
$14.90
2008 TaxCut Deluxe Premium turbo Schedule C Tax Cut HR New CD sealed in Box
2008 TaxCut Deluxe Premium turbo Schedule C Tax Cut HR New CD sealed in Box
$4.90
2008 TaxCut Premium Fed  State turbo Schedule C Rental Tax Cut HR Block New
2008 TaxCut Premium Fed State turbo Schedule C Rental Tax Cut HR Block New
$9.90
2015 TaxCut DELUXE Federal  State turbo HR Block Tax Cut New CD in Retail Box
2015 TaxCut DELUXE Federal State turbo HR Block Tax Cut New CD in Retail Box
$14.90
2015 HR Block turbo DELUXE Federal Tax Cut New sealed CD in Box formerly TaxCut
2015 HR Block turbo DELUXE Federal Tax Cut New sealed CD in Box formerly TaxCut
$9.90
2012 2013 2014 2015 2016 2017 HR Premium FedState turbo Sch C Rental Tax Cut
2012 2013 2014 2015 2016 2017 HR Premium FedState turbo Sch C Rental Tax Cut
$129.90
2015 HR Block Basic 1040 Federal turbo formely Tax Cut New CD in Box FREE S H
2015 HR Block Basic 1040 Federal turbo formely Tax Cut New CD in Box FREE S H
$5.90
2011 HR Block TaxCut Federal Basic turbo New sealed CD formerly Tax Cut
2011 HR Block TaxCut Federal Basic turbo New sealed CD formerly Tax Cut
$17.90
2012 2013 2014 2015 HR Premium FederalState turbo Self Employed Rental Tax Cut
2012 2013 2014 2015 HR Premium FederalState turbo Self Employed Rental Tax Cut
$89.90
2012 HR Block Premium Fed  State turbo Schedule C Rental Invest Tax Cut Box
2012 HR Block Premium Fed State turbo Schedule C Rental Invest Tax Cut Box
$14.90
2009 TaxCut DELUXE Federal  State turbo HR Block Tax Cut New sealed CD in Box
2009 TaxCut DELUXE Federal State turbo HR Block Tax Cut New sealed CD in Box
$14.90
2013 2014 2015 2016 2017 HR Block Deluxe turbo Federal  State Tax Cut 5 CDs
2013 2014 2015 2016 2017 HR Block Deluxe turbo Federal State Tax Cut 5 CDs
$109.90
2008 TaxCut BUSINESS turbo with Bus State S corp Tax Cut NEW CD in sealed Box
2008 TaxCut BUSINESS turbo with Bus State S corp Tax Cut NEW CD in sealed Box
$14.90
2012 TaxCut DELUXE Federal turbo HR Block Tax Cut New sealed CD in Box
2012 TaxCut DELUXE Federal turbo HR Block Tax Cut New sealed CD in Box
$4.90
2013 2014 2015 HR Premium FederalState turbo Self Employed Rental Tax Cut 3Box
2013 2014 2015 HR Premium FederalState turbo Self Employed Rental Tax Cut 3Box
$79.90
2008 TaxCut Premium turbo Schedule C Rental Tax Cut HR New sealed CD in Box
2008 TaxCut Premium turbo Schedule C Rental Tax Cut HR New sealed CD in Box
$4.90
2012 TaxCut DELUXE Federal  State turbo HR Block Tax Cut New sealed CD in Box
2012 TaxCut DELUXE Federal State turbo HR Block Tax Cut New sealed CD in Box
$5.90
2015 HR Premier Federal  State turbo Schedule C Rental Investment Tax Cut CD
2015 HR Premier Federal State turbo Schedule C Rental Investment Tax Cut CD
$49.90
2008 TaxCut Federal STD turbo NEW Tax Cut HR New sealed Box
2008 TaxCut Federal STD turbo NEW Tax Cut HR New sealed Box
$3.40
2015 HR Block BUSINESS Premium turbo S corp  Schedule C Tax Cut NEW Sealed CD
2015 HR Block BUSINESS Premium turbo S corp Schedule C Tax Cut NEW Sealed CD
$49.90
2012 2013 HR Premium Federal  State turbo Self Employed Rental Invest Tax Cut
2012 2013 HR Premium Federal State turbo Self Employed Rental Invest Tax Cut
$69.90
2007 TaxCut DELUXE Premium turbo Federal  State HR Tax Cut New sealed CD
2007 TaxCut DELUXE Premium turbo Federal State HR Tax Cut New sealed CD
$7.90
2008 TaxCut HOME  BUSINESS Federal turbo w State Tax Cut HR Block NewCD in Box
2008 TaxCut HOME BUSINESS Federal turbo w State Tax Cut HR Block NewCD in Box
$9.90
2013 HR Premium Federal  State turbo ScheduleC Self Employed Rental Tax Cut
2013 HR Premium Federal State turbo ScheduleC Self Employed Rental Tax Cut
$49.90
New HR Block TaxCut 2002 Platinum Home  State Windows 95 98 Me NT 40 2000 XP
New HR Block TaxCut 2002 Platinum Home State Windows 95 98 Me NT 40 2000 XP
$9.95
HR Block TaxCut 2008 Premium Federal + State + 5 free federal e files included
HR Block TaxCut 2008 Premium Federal + State + 5 free federal e files included
$7.99
New 2008 HR Block TaxCut Premium 5 free federal E files included tax Software
New 2008 HR Block TaxCut Premium 5 free federal E files included tax Software
$6.99
TaxCut Premium Federal 2007 PC MAC CD step by step amend redo income tax returns
TaxCut Premium Federal 2007 PC MAC CD step by step amend redo income tax returns
$5.49

Recently Purchased Tax Cut:


2008 tax cut hamp;r block premium federal preowned windows mac, 2009 tax cut hamp;r block premium federal state preowned windows , 2006 tax cut hamp;r block premium federal preowned windows , hamp;r block tax cut tax preparation software 2008 home amp; business, hamp;r block tax cut tax preparation software 2007 home amp; business, hamp;r block at home 2011 tax software federal deluxe cd formerly taxcut, hamp;r block tax cut 2008 premium federal efile, turbotax complete taxcut deluxestandard 1997 2004, 2008 taxcut federal std turbo new tax cut hamp;r new sealed box , 2004 taxcut software federal deluxe state and deduction pro , hamp;r block taxcut home tax year 2006 complete package no business, hamp;r block at home formerlytaxcut basic federal 2012 cd taxcut186 , hamp;r block taxcut basic federal 2008 cd taxcut182 , hamp;r block taxcut premium federal 2007 cd taxcut181 , taxcut business amp; business state tax year 2005 complete package 1120, 2004 taxcut business turbo cd tax cut new original sealed cd, 2007 2008 taxcut business turbo with bus state tax cut hamp;r new sealed boxes, 2007 2008 2009 taxcut premier turbo schedule c fed amp; state 3 sealed cds in boxes, 2005 2006 2007 2008 tax cut federal basic turbo new cd taxcut hamp;r 4 sealed boxes, 2007 amp; 2008 taxcut home amp; business turbo wstate tax cut new sealed boxes, 2002 taxcut business scorp turbo cd tax cut new original factory sealed cd, 2006 2007 2008 tax cut home amp; business turbo wstate taxcut new sealed cds , 2007 taxcut business turbo federal amp; state tax cut new 2 cds in sealed box , 2007 taxcut home amp; business turbo wstate schedule c amp; scorp tax cut 2 new cds, 2006 tax cut premium federal w home business features schedule c turbo new box, 2004 taxcut home amp; business turbo new tax cut 2 cds in sealed box, 2003 taxcut federal std turbo new tax cut hamp;r new sealed box , 2005 taxcut business turbo with business state tax cut factory new sealed cd, 2006 2007 taxcut premium turbo schedule c rental fed amp; state 2 new cds free sh, 2004 taxcut deluxe turbo wstate hamp;r tax cut new cd in sealed retail box rare, 2004 taxcut federal deluxe turbo new tax cut sealed cd , 2017 hamp;r block deluxe turbo federal amp; state tax cut new sealed cd free sh, 2005 taxcut deluxe federal amp; state turbo hamp;r block tax cut new originsealed cd, 2005 taxcut federal std turbo new tax cut hamp;r new sealed cd , 2008 2009 taxcut premium turbo schedule c rental fed amp; state 2 new sealed cds , 2006 2007 2008 2009 taxcut premium dlx turbo shedule c tax cut fed , 2006 tax cut premium w home business features schedule c turbo wstate new box, 2005 taxcut deluxe turbo hamp;r block tax cut new original sealed cd in the box, 2006 2007 2008 taxcut premier turbo schedule c fed amp; state 3 sealed cds in boxes, hamp;r block taxcut premium federal 2007 , hamp;r block taxcut premium federal tax 2007 new, new 2008 hamp;r block taxcut premium federal 1 free efile included tax software, hamp;r block taxcut 2005 deluxe state new sealed cd, 1994 amp; 1995 taxcut deluxe software macintosh installation disc 35 floppy, hamp;r block tax cut software 2002 tax year on cdnew amp; sealedplus its deductible , hamp;r block taxcut deluxe 2002 preimum 2006 new and used, kiplinger taxcut 1997 federal pc cd ammend file previous past tax returns tool, hamp;r block tax cut premium 2004 home amp; business with state amp; deduction pro, hamp;r block tax cut premium 2007 home amp; business with state amp; deduction pro pc cd, 2011 2012 2013 2014 2015 2016 2017 hamp;r block deluxe turbo fedstate tax cut 7 cd, 2007 taxcut premium turbo federal amp; state hamp;r block tax cut new sealed cd, 2011 taxcut deluxe federal amp; state turbo hamp;r block tax cut new, 2015 2016 2017 hamp;r block deluxe turbo federal amp; state tax cut 3 new cds free sh , 2017 hamp;r block deluxe turbo federal tax cut new sealed cd in box free sh, 2017 hamp;r block business premium turbo scorp amp; schedule c tax cut new sealed cd , 2017 hamp;r block deluxe turbo federal amp; state tax cut new sealed cd in retail box , 2012 2013 2014 2015 2016 2017 hamp;r block deluxe turbo fed amp; state tax cut 6 cds, hamp;r block 2015 basic federal retail cd efile new no box taxcut tax software, 2006 hamp;r taxcut premium federal state cd for tax year 2006 windows mac, hamp;r block tax cut deluxe federal state 2009 tax year windows and mac cdrom, hamp;r block tax cut premium federal state 2008 tax year windows and mac cdrom, hamp;r block tax cut premium federal state 2006 tax year windows and mac cdrom, hamp;r block tax cut premium federal state 2007 tax year windows and mac cdrom, h amp; r tax cut deluxe windows 95 1998 tax year federal taxes software

Categories: Computers & Networking Tags:
Comments are closed.